Institutions Net-Buy 1.4 Trillion Won, KOSPI Closes Up Over 1% at 4,160 [fn Closing Market Summary]

On the 12th, the Korea Composite Stock Price Index (KOSPI) finished trading up over 1%, closing at the 4,160 level. Institutional investors net-bought more than 1 trillion won, absorbing the selling by individuals. Large-cap semiconductor stocks and construction and securities shares led the index higher.
KOSPI ended the session at 4,167.16, up 56.54 points (1.38%) from the previous trading day. The index opened at 4,123.83, up 0.32% from the previous close, and continued to gain throughout the session.
In the KOSPI Market, individuals and institutional investors took opposing positions. Individuals net-sold 1.4633 trillion won, while institutional investors net-bought 1.4387 trillion won, supporting the index. Foreign investors also net-bought 41.3 billion won.
Samsung Electronics and SK hynix, both major semiconductor stocks, closed at 1,089,000 won and 5,710,000 won, respectively, each up over 1% from the previous session.
By sector, most categories rose, including construction (4.81%), securities (3.36%), and transportation & equipment (3.07%). Insurance (-6.67%) and real estate (-1.00%) declined.
The Korea Securities Dealers Automated Quotations (KOSDAQ) ended the session at 937.34, up 2.70 points (0.29%) from the previous day.

elikim@fnnews.com Kim Mi-hee Reporter